This analysis focuses on determining the role of those factors that are exogenous to the environmental Kuznets curve (EKC) model in counteracting the scale effects (effects of the increase in GDP ceteris paribus) on CO2 and sulphur emissions. For this purpose, first, the EKC model is estimated...

This analysis studies the role of those factors that are exogenous to the environmental Kuznets curve (EKC) model in causing a weakening in the correlation between GDP per capita and emissions (CO2 and sulphur). The aim is to advance within the EKC research by scrutinizing both the historical...

Household surveys from 13 developing countries are used to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the “middle classes†defined as those whose daily consumption per capita is between $2 and...

The Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States was released on January 27th, 2011. The strong political differences within the commission prevented the draft of a shared report. In addition to the majority report, two...

Economics is not only a means of interpreting the past, but it must become an instrument for shaping the future, too. It should show inevitable future economic processes, with their links to culture, technology, and environment. With theoretical knowledge of this area, strategies of...